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Aurobindo receives second ANDA approval from US FDA for PEPFAR
Aurobindo receives the first ARV approval from US FDA
USFDA approval received for Unit VIII Facility
Aurobindo receives NABL approval for its Clinical Laboratory
Aurobindo records improved performance quarter on quarter
Successful USFDA Inspection of one more Unit
Obtains 3rd product approval from USFDA
Aurobindo in Forbes list
Best under a Billion - Asia's Rising Companies
Aurobindo receives US FDA approval for Citalopram
A robust generic product portfolio to unveil.
Aurobindo obtains two product approvals from US FDA
Records Rs.272 crore turnover in Q2
First product approval from US FDA received Foray into Regulated Market crosses first major milestone
Company scientists conferred awards
Speech by the Chairman, Mr. P. V. Ramaprasad Reddy at the Annual General Meeting on 31st July 2004
Aurobindo posts Rs.2873 Millions sales and Rs.180 Million profit
Aurobindo net profit at Rs. 127 crs surges by 23%
UK MHRA (UK MCA) approval received for Unit 3
Subscription to preferential issue of equity shares
Aurobindo Q3 PAT grows by 68% Exports soar to 51% of sales
Aurobindo gets its first CoS approval from EDQM & files DMF for Citalopram
Aurobindo's Q2 Net Profit jumps to Rs.321.5 million, spurt by 57%
Preferential Issue of Equity Shares
Aurobindo net profit spurts by 52.75% in Q1
Aurobindo crosses the landmark Net Profit of Rs.100 crores
Aurobindo's demonstration of R&D leadership in cephalosporins
Aurobindo Pharma launches cefepime
Aurobindo implementing ERP package
First quarter profit jumps 34%
Aurobindo posts Net Profit of  Rs. 68.51 crores
Noted Cardiologist Dr. I. Satyamurthy joins Aurobindo Board
Aurobindo Pharma wins award for the best bulk drug company
Shares allotted to Templeton
Brazilian GMP certification received for the speciality generic formulations unit
Aurobindo Pharma acquires equity in Ranit Pharma
Mr. Lanka Srinivas inducted as Additional Director on Board of Aurobindo Pharma
Aurobindo Pharma launches Aztreonam for the first time in India  
Aurobindo Pharma & Citadel promote a joint venture
Aurobindo Pharma welcomes excise duty exemption on anti-HIV drugs in budget
Aurobindo launches Cefactam (Cefoperazone plus Salbactam)
4th generation Cephalosporin – Cefpirome launched
Impressive Q3 performance 
Aurobindo shareholders approve Rs.125 crore Private Placement
Templeton to pick up equity
Aurobindo Pharma Board approves Rs. 125 crore private placement
Aurobindo Pharma launches two more antiretroviral products for HIV treatment
Restructuring on track
Aurobindo introduces two more drugs for treatment of Aids
Imunus Aurobindo launches two new anti-aids drugs
Aurobindo Pharma slashes prices of anti-aids drugs
Restructuring of Facilities
Income crosses Rs. 1000 crore land mark

www.aurobindo.com

Hyderabad, 30th September, 2002

AUROBINDO'S Q2 NET PROFIT GROWS BY 41.13%

Aurobindo Pharma Ltd. has reported excellent results for the quarter ended 30th Sep 2002. The Total Income for the second quarter stood at Rs.3083.2 millions (Rs.2554.4 millions), an increase of 20.70% over the corresponding period in the previous year.

The Profit Before Tax for the second quarter stood at Rs.291.3 millions (Rs. 170.7 millions), an increase of 70.65 % and the Profit After Tax for the second quarter stood at Rs.205.2 millions (Rs.145.4 millions), an increase of 41.13 % over the corresponding quarter in the previous year.

The total income for the first half stood at Rs.5587.4 millions (Rs.4454.0 millions), registering a growth of 25.44%.

The Profit Before Tax and the Profit After Tax for the first half stood at Rs.493.3 millions (Rs.293.4 millions) and Rs. 56.2 millions (Rs.258.1 millions) registering a sharp increase of 68.13%, and 38% respectively over the corresponding period in the previous year. 

Templeton Strategic Emerging Markets Fund LDC has converted all its share warrants into equity.

Aurobindo has made substantial investments in

a) China subsidiary

b) US JV

c) restructuring of domestic manufacturing facilities to gain economies of scale & global competitiveness

d) mega API and formulation facilities to enter regulated markets at Hyderabad and,

e) a state-of-the-art R&D center.

The Company expects the benefits from these projects will help the Aurobindo Pharma achieve attractive profit margins and growth rates from next year. The benefits of patents obtained from US PTO for cephalosporins and the patent pipeline shall help the organization to penetrate regulated markets with confidence and aggression.

The dream of Aurobindo Pharma to become an R&D led multinational pharmaceutical company focusing on APIs and generic formulations is materializing fast with healthy bottom lines.

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